Indian Oil Corporation (IOC), India's largest oil refiner and fuel retailer, has reported a significant increase in net profit for the June quarter, more than doubling from the same period last year.

Financial Highlights

• Net profit rose to Rs 5,689.00 crore, up from Rs 2,643.00 crore in the same quarter last year
• Revenue from operations grew 1% to Rs 218,608.00 crore
• Gross refining margin stood at $2.15 per barrel, down from $6.39 per barrel in the previous year
• After adjusting for inventory effects, the refining margin improved to $6.91 from $2.84

Operational Performance

• Record quarterly sales volume of 26.32 million metric tonnes, up from 25.25 million metric tonnes last year
• Domestic petroleum sales volume increased by 4.2%
• Institutional diesel sales jumped by 40.3%
• Maintained 107% average capacity utilization at refineries

Factors Influencing Results

• Profit increase driven by higher refining and marketing margins
• Partially offset by inventory losses of Rs 6,465.00 crore compared to an inventory gain of Rs 3,345.00 crore last year
• Under-recovery on cooking gas sales was Rs 3,858.00 crore, down from Rs 4,294.00 crore previously

Market Response

Despite the positive results, Indian Oil's shares closed 1.58% lower at Rs 140.15 on the day of the announcement.

The company's strong performance in the June quarter, particularly in sales volume and improved core refining margins, demonstrates its resilience in a challenging market environment. However, the significant inventory losses and lower gross refining margins compared to the previous year highlight the volatility in the oil and gas sector. Indian Oil's ability to maintain growth in domestic sales and institutional diesel sales indicates a robust demand recovery in the Indian market.

Indian Oil Corporation Limited (IndianOil), a Maharatna company, has announced its plans to host a conference call on August 18, 2025, to discuss the company's financial performance for the first quarter of the fiscal year 2025-26. The call, scheduled for 11:00 am IST, will provide investors and analysts with insights into the company's recent financial results and operational highlights.

Key Management Participation

The conference call will feature key representatives from IndianOil's management team, including:

• Mr. Anuj Jain, Director (Finance)
• Mr. Nitin Kumar, CGM I/C (Corporate Finance & Treasury)
• Mr. Pramod Jain, CGM (Treasury)
• Mr. Prabhat Himatsingka, CGM (Finance & Treasury)

This lineup of senior executives underscores the importance of the event and suggests a comprehensive discussion of the company's financial position and strategic outlook.

Conference Call Details

The earnings call will be hosted by Antique Stock Broking Limited. IndianOil has provided multiple options for participants to join the conference:

1. Universal Access (India): +91 22 6280 1342 or +91 22 7115 8243
2. International Toll-Free Numbers: Available for various countries including Argentina, Australia, Belgium, Canada, China, France, Germany, Hong Kong, Italy, Japan, Netherlands, Poland, Singapore, South Korea, Sweden, Thailand, UK, and USA.
3. Express Join: A direct link for quick access to the call has been provided to registered participants.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, IndianOil has formally notified the stock exchanges about this upcoming conference call. This disclosure, made on August 12, 2025, demonstrates the company's commitment to transparency and adherence to regulatory standards.

Investor Relations

For any inquiries regarding the conference call, interested parties are encouraged to contact Mr. Varatharajan Sivasankaran of Antique Stock Broking Limited at +91 22 6911 3425 or via email at varatharajan.s@antiquelimited.com .

This earnings call presents an opportunity for stakeholders to gain valuable insights into IndianOil's performance and future outlook directly from the company's top management. As one of India's leading oil and gas companies, Indian Oil Corporation's financial results and strategic decisions are closely watched by investors and industry analysts alike.